Research Report on Chinese Rare Earth Industry 03

    If 80% of the incandescent lamps are replaced, 3 billion three-band fluorescent lamps will be needed every year. Hence, the annual demand for fluorescent powder is about 10,000 tons. By 2015, the total demand for three-band fluorescent powder will be about 60,000 tons.In 2009, China produced 19,000 tons of rare earth hydrogen storage materials. They consumed 7,900 tons of rare earth, accounting for 11% of the total rare earth consumption. Rare earth hydrogen storage materials are major raw materials for the production of nickel-hydrogen battery. As nickel-hydrogen battery shows positive development prospects in the electric tool and electric vehicle sectors, it is forecast that China's hybrid electric vehicle market will acquire explosive growth after 2010 and the annual growth rate will reach 12%.In 2008, the consumption of rare earth polishing powder in the world was 20,000 tons, including 8,000 tons for LCD.

    In recent years, with the booming of the LCD industry, high-performance polishing powder has achieved fast development. Presently, the production capacity of rare earth polishing powder in China exceeded 150 million tons. It is forecast that China's annual production capacity of rare earth polishing powder will reach 20,000 tons in 2010. In 2009, the rare earth consumed in Chinese petrochemical catalytic cracking sector was about 7,500 tons. It is forecast that China's crude oil processing volume will maintain over 500 million tons in 2015-2020. The rare earth for FCC catalysts will exceed 10,000 tons. Besides, with the considerable growth of the demand for rare earth catalytic materials in the fields of fuel cell, water pollution control, air purification, etc., China's total demand for rare earth catalytic materials will exceed 17,000 tons in 2015-2020. With the rapid development of high-tech industries, the global rare earth consumption maintains continuous growth. It is predicted that the consumption will reach about 100,000 tons in 2010 and 200,000 tons in 2015. In the short term, Chinese rare earth industry will be faced with oversupply.

    Nonetheless, considering the strengthening of China's control over the exploitation and export quotas of rare earth as well as the fast demand growth in the downstream application industries, Chinese rare earth industry still shows positive prospects.

   Through this report, readers can acquire more information:-Status quo of Chinese rare earth industry-Supply of rare earth in China and the world-Rare earth trade in China and the world-Regulatory policies of Chinese government on the rare earth industry-China's rare earth export-China's rare earth smuggling-Major enterprises in Chinese rare earth industry and their operation-Prediction on the development of Chinese rare earth industry  Following persons are recommended to buy this report:-Rare earth producers-Rare earth traders-Downstream enterprises of the rare earth industry

-Investors concerning Chinese rare earth industry-Research institutes concerning Chinese rare earth industry Source.